date:Mar 21, 2019
customers in an increasingly competitive market while improving quality and service.
Sainsburys and Asda have given the detail of their estimated 1.6 billion cost savings to the CMA. They claim that this will allow them to fund the 1 billion customer price commitment while also delivering on the commitments to shareholders of 500 million (US$661 million) of net synergies, low double-digit ROIC (return on invested capital) and double-digit EPS accretion by the end of the second full financial ye